Assumption of multiple-priority queueing models

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Which of the following is an assumption of a multiple-priority queueing models? •Exponential service time distributions •Customers are processed in the order of arrival •Exponential interarrival time distributions •All of the above EOQ Questions: •Explain: Using the basic EOQ model, the higher an item's holding costs, the less frequently it will be ordered. 2) In the basic EOQ model, if D= 50 per month, K=$10, and h=$10 per unit per month, EOQ is: 3) A store sells five cases of soda each day. Ordering costs are $8 per order, and soda costs $3 per case. Orders arrive four days from the time they are placed. Daily holding costs are equal to 5% of the cost of the soda. What is the EOQ for soda?

Reference no: EM132295180

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